- Prepayments (historically a good indicator of refinance activity) jumped 23 percent month-over-month, reaching their highest point so far in 2017
- Delinquencies reversed course after calendar-driven increase in April, seeing a 7 percent month-over-month decline
- Inventory of loans either seriously delinquent (90 or more days past due) or in active foreclosure continues to improve, with both hitting 10-year lows in May
- Just 2.12 percent of Colorado borrowers are past due on mortgage payments, the lowest of any state; Mississippi has the highest non-current rate of any state at 10.16 percent
JACKSONVILLE, Fla. – June 22, 2017 – The Data and Analytics division of Black Knight Financial Services (NYSE: BKFS) reports the following “first look” at May 2017 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
The Law Office of Beth Mann, P.C. 